Latest update June 18th, 2026 12:40 AM
Jan 28, 2020 News
Troy Resources Guyana Inc. yesterday announced that as planned, following a successful fund-raising required to restart, operations at the Karouni Gold Mine were resumed during the second week of January.
“The company complied with all the requirements and received the requisite approvals for the resumption of activities from the various government agencies enabling it to restart operations,” the statement explained.
The restart, which is being done in phases, began progressively, initially with the employment of personnel involved in mining activities and later ongoing with personnel involved in processing activities.
“Processing restarted a few days ago and work is moving apace to have the processing plant operate on a full time (24 hour) basis. All operations, including people and processes involved in the restart, are expected to be regularized and normalized by mid-February.”
Troy thanked all of its employees, shareholders, suppliers and other stakeholders “for their patience and support during one of the most challenging periods in the company’s history”.
The company closed operations in its Cuyuni, Region 7 area, last year, after a deadly pit cave-in.
Scores of workers were sent home.
Troy, owned by Australians, is one of the two large-scale gold mining operations in Guyana.
Subscribe to get the latest posts sent to your email.
Your children are starving, and you giving away their food to an already fat pussycat.
Jun 18, 2026
Kaieteur Sports – President of the Guyana Football Federation (GFF), Wayne Forde, has announced that Guyana’s Junior Jaguars will participate in the inaugural FIFA Global U-15 Boys...Jun 18, 2026
(Kaieteur News) – The government has done it again. It has indicated that workers can look forward to an increased income tax threshold of $200,000 by the end of the decade. One Facebook comment hit the nail on the head. It urged the government to file for intellectual bankruptcy. Increasing the...Jun 14, 2026
By Sir Ronald Sanders (Kaieteur News) – Small and medium-sized states, from the most vulnerable island nations to more diversified middle‑income economies, have always faced a difficult reality. They have to navigate a world in which power is unevenly distributed and in which the decisions of...Jun 18, 2026
(Kaieteur News) – President Ali got that one right. Institutions such as churches have a duty to function as “society’s moral compass.” I couldn’t agree more with the president. Commend him. More commendations for Excellency Ali: “together let us find the soul of this...Freedom of speech is our core value at Kaieteur News. If the letter/e-mail you sent was not published, and you believe that its contents were not libellous, let us know, please contact us by phone or email.
Feel free to send us your comments and/or criticisms.
Contact: 624-6456; 225-8452; 225-8458; 225-8463; 225-8465; 225-8473 or 225-8491.
Or by Email: glennlall2000@gmail.com / kaieteurnews@yahoo.com